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The following financial aid information is for students who are U.S. citizens.
Laurier is approved for the U.S. Direct Loan Program. Students wishing to pursue Direct Loan Funding must complete their Free Application for Federal Student Aid (FAFSA) Master Promissory Note (MPN) each year.
Laurier is not approved to receive Pell Grant Funding.
Laurier does not participate in any of the U.S. Private Loan programs.
For more information, including eligibility requirements and frequently asked questions on borrowing and repayment, visit the U.S. Department of Education’s Federal Student Aid website.
Before you begin your application process, we recommend you review the comprehensive resource for U.S. Federal Student Aid, Understand Financial Aid.
Students who are U.S. citizens, eligible non-citizens and who are enrolled in at least half-time in an eligible degree program can apply.
All eligible programs require high school diploma or equivalent.
The following programs are not approved for Title IV Funding (U.S. funding):
This list of programs is subject to change. All new programs are reviewed for eligibility.
Before you apply for your Direct Student/Plus loans you must complete the online Free Application for Federal Student Aid (FAFSA).
We recommend that you complete your Entrance Counselling and submit your FASFA prior to July 1 annually to ensure that the first instalment of your funds will be available for September. Students who are enrolled in any online distance learning courses are not eligible to receive federal U.S. loan funding for these specific courses.
When you complete the FAFSA online, use the IRS Data Retrival Tool for easier and more accurate form completion, and for a simple verification process when you update income information.
To access the IRS tool, your FAFSA PIN is required.
Complete the U.S. Student Aid Funding - FASFA Application Notification form (2024-25) to notify the Laurier Financial Aid office that your FASFA and MPN has been completed, and to provide required information for our office to process your application. We will begin reviewing U.S. loan applications late-July each year. If we require any further information or clarification of your program, you will receive an email from the Financial Aid Office to your MyLaurier email account.
For further instructions, visit the FAFSA Tutorial: 7 Easy Steps to completing FAFSA.
Parents or graduate students will complete the Plus or Grad Plus request if applying for these loans.
Once your direct loan is approved:
If you are receiving a Parent Direct Plus loan, this amount will be applied to the student fee account.
For first year students, the initial disbursement of funds cannot be released until after the first 30 days of your term start date.
Once the student account has been paid in full, you may request a refund of any excess funds following the refund policy processes.
The U.S. Department of Education requires all U.S. citizens receiving direct loans to participate in exit counselling shortly before they graduate, withdraw or cease to be enrolled in at least half-time.
Information on repayment of your student loans is available on the Repayment Information section of the Federal Student Aid website.
Federal Aid students enrolled at Laurier are required to meet satisfactory academic progress requirements. Laurier is required to ensure that all Federal Aid students maintain a minimum level of academic progress. Funds are awarded with the understanding that students will make progress toward their chosen degree.
The academic progress of students is evaluated prior to the disbursement of Federal Aid before the start of each academic year to determine eligibility for continued aid and after each term funded by US student aid.
Satisfactory Academic Progress is measured by:
Student loan probation status happens when you fail to meet the academic progress requirements. This status is in place for the subsequent academic year of enrolment.
During this term, you may receive U.S. funding.
If you fail to meet the satisfactory academic progress requirements for a second year (e.g. failing to satisfy the 150% requirement), you will be placed on a student loan denied status.
During this time:
To regain eligibility in a probationary status for the next academic year, you must:
To reinstate aid after your student loan denied status:
Contact Us:
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